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🚨 WARREN BUFFETT IS WARNING US AGAIN
Berkshire is now sitting on $397.4B in cash.
Do you understand what it means?
The last times Buffett did this, a generation of investors got wiped out:
1999 → Nasdaq crashed 79%
2008 → S&P 500 crashed 57%
2020 → S&P 500 crashed 34%
Now he is saying it again:
“We’ve never had people in a more gambling mood than now.”
See? The man who called the Dot-com bubble is not buying a single thing.
He is hiding in cash.
Reminder: I’ve called all the market tops and bottoms for the last 15 years, including the Bitcoin bottom at $16,000 and the top at $126,000.
The next call will be even more important.
When I exit markets completely, I’ll post it here publicly like I always do.
Turn notifications on. If you’re not following yet, you’ll understand why that was a mistake later.